thomast2

Remaining A True Believer in Gold and Precious Metals Stocks

I agree and thanks for your great insights and comments. Last 4 years, every major ups & downs I did trim back and buy back however, not enough. I developed a simple HUI and gold indicator, but only trim back 1/4-1/3, not the majority of my positions as you suggest (however not too sure about your target of 30%). Part of that is more psychology than anything else, I am concerned I am not fully invested for this major long term gold market, so I tend to trim less than I should and buy back too early. I will do some backtesting on your strategy and probably make some minor change to my strategy by incorporating yours. Thanks again. Thomas